January 2026

January 2026 Investor Update

Published February 2026 · Supliful
$1.27M
Net Revenue (Record)
1,673
Active Brand Builders
Phase 0 ✓
GTM Research Complete

Where We're Going

Company Goal: By 2026, help launch, grow, and support 100 seven-figure businesses. Current progress: 4.

Q1 Objective: Execute GTM Phase 1 — targeted acquisition by persona, SDR team buildout, and Membership launch. Stabilize operations after January's record surge.

Insights from Supliful

January 2026 was Supliful's best month ever. $1.27M in net revenue — up 8.2% from December — and built on the healthiest revenue base we've had. Our top seller represented less than 10% of total revenue. Sixteen brand builders crossed $10K in monthly sales simultaneously. Subscription revenue hit $167K, up 71% year-over-year, now 13.2% of total revenue. This is a platform maturing.

The month also delivered one of our most important strategic milestones: GTM Phase 0. A full customer research sprint conducted alongside advisor Pat Notti (former VP Marketplace & Operations at Getaround, who scaled the company $10M→$250M in 5 years). Output: 550 enriched customer profiles, 160 survey responses, 20 one-hour deep interviews, and a clear answer to a question we had never properly asked — who exactly are we building for?

The answer: Brand Builders. Not supplement sellers. Health and wellness professionals, e-commerce operators, and funded entrepreneurs building real businesses. Our core segment of 775 brand builders (spending $1K–$100K/month) drives 25%+ of revenue and represents our only scalable path to growth. We now have four defined personas, a strategy built around them, and a roadmap for 2026.

Net Revenue — Monthly Trend

$1.4M $1.2M $1.0M $0.8M Jul Aug Sep Oct Nov Dec Jan '26 $1.27M

Wins

KPI Dashboard

Financial Health

Metric Jan 2026 Dec 2025 MoM Jan 2025 YoY
Net Sales Income$1,268,412$1,171,711+8.2%$1,261,057+0.6%
Brand Builder Revenue$3,165,800$2,284,864+38.6%$3,894,310-18.7%
Orders Revenue$1,057,938$962,662+9.9%$1,113,088-5.0%
Subscription Revenue$167,617$160,859+4.2%$97,900+71.2%
Digital Products Revenue$35,786$36,700-2.5%$44,183-19.0%
Brand Accelerator Revenue$29,105$19,403+50.0%$29,956-2.8%
Supliful Academy Revenue$3,542$656+440%
COGS$792,676$679,384+16.7%$781,500+1.4%
Gross Profit$475,736$492,328-3.4%$479,558-0.8%
Gross Margin37.5%42.0%-4.5pp38.0%-0.5pp
Contribution Margin$423,882$411,564+3.0%$449,026-5.6%
EBITDA-$52,259-$19,693+$173,319

Customer & Order Metrics

Metric Jan 2026 Dec 2025 MoM Jan 2025 YoY
Monthly Active Builders1,6731,552+7.8%1,427+17.2%
Orders Received37,23730,225+23.2%41,931-11.2%
Items Shipped99,61372,716+37.0%97,524+2.1%
Avg Orders / Builder22.319.5+14.4%29.4-24.1%
GMV / Builder$1,892$1,472+28.5%$2,729-30.7%
Net Revenue / Builder$758$755+0.4%$884-14.3%
Items / Order2.682.412.33

GTM Evolution

$23K → $1.4M
Monthly revenue growth since inception — built on brand builders, not supplement sellers

Customer Segmentation

Customer Base Breakdown

LOW VALUE 898 <$1K/mo CORE VALUE ★ 775 $1K–$100K/mo 25%+ of Revenue OUTLIERS ~10

Brand Builder Personas

🧘‍♀️
Healthy Heather
Core Segment

Health & wellness professional — naturopath, dietitian, or functional medicine practitioner. Already has a client base who trusts her recommendations. Launches a supplement line as a natural extension of her practice. High-converting, loyal, and values quality above all.

💼
Entrepreneur Eric
Core Segment

E-commerce operator with experience scaling DTC brands. Sees supplements as a high-margin, recurring-revenue opportunity. Data-driven, focused on unit economics, and willing to invest in growth. Typically runs multiple Shopify stores.

🏢
Corporate Chris
High Value

Funded entrepreneur or established business adding supplements to an existing brand portfolio. Has capital, a team, and existing distribution channels. Needs a reliable manufacturing and fulfillment partner, not hand-holding.

🔥
Hustling Henry
Growth Potential

Social media influencer or content creator with an engaged audience. Builds a supplement brand around personal brand and community. High potential but needs more guidance on business operations and supply chain.

💭
Dreaming Daisy
Anti-Persona

Interested in the idea of a supplement brand but lacks commitment, capital, or customer base. Signs up, explores, but never launches. High support cost, near-zero revenue. Not our target — we're building tools for builders, not dreamers.

Key Findings

1

Brand Builders, Not Supplement Sellers

Our most valuable customers are building brands, not just selling supplements. They think about customer lifetime value, brand positioning, and long-term growth — not just margin per unit.

2

The Core 775 Drive Everything

775 brand builders spending $1K–$100K/month represent our core segment. They drive 25%+ of revenue and are the only segment that scales predictably. Everything we build should serve them first.

3

Health Professionals Convert Best

Naturopaths, dietitians, and functional medicine practitioners have the highest conversion rates and lowest churn. They have built-in trust with their clients and a natural reason to recommend supplements.

4

Platform Maturity Enables GTM

For the first time, the platform is mature enough to support targeted go-to-market. Product catalog, fulfillment reliability, and subscription infrastructure are at the level where we can confidently go outbound.

3 Big Things for 2026

1

Targeted Acquisition

Outbound sales to health professionals and e-commerce operators — the personas we know convert.

2

Membership Tiers

Free / Plus / Enterprise subscription model to increase ARPU and lock in committed brand builders.

3

100 Seven-Figure Brands

The north star. Help 100 brand builders reach $1M+ in annual revenue on the platform.

The Roadmap

Phase 0

Research

Customer interviews, segmentation, persona definition

✓ COMPLETE
Phase 1

Foundation

SDR team, persona-based outbound, Membership launch

← NOW
Phase 2

Scale

Expand sales team, optimize conversion funnels, grow ARPU

Phase 3

Compound

Network effects, brand builder community, international expansion

Priorities for February

Challenges

Asks

Random Happenings

First brand builder community dinner — a small but meaningful step in building real relationships with our best customers.

India inbound lead (tryoxyflow.com, $1.5M turnover in 2024) seeking breathing supplements — outside our Q1 scope but a signal of the platform's growing international reach.

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